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Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Chapter II

Title: Regulation of Securitisation and Reconstruction of Financial Assets of Banks and Financial Institutions

State: Central

Year: 2002

.....2004 2. Substituted for "such order of rejection or cancellation" by The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004 Section 5 - Acquisition of rights or interest in financial assets (1) Notwithstanding anything contained in any agreement or any other law for the time being in force, any securitisation company or reconstruction company may acquire financial assets of any bank or financial institution-- (a) by issuing a debenture or bond or any other security in the nature of debenture, for consideration agreed upon between such company and the bank or financial institution, incorporating therein such terms and conditions as may be agreed upon between them; or (b) . by entering into an agreement with such bank or financial institution for the transfer of such financial assets to such company on such terms and conditions as may be agreed upon between them. (2) If the bank or financial institution is a lender in relation to any financial assets acquired under sub-section (1) by the securitisation company or the reconstruction company, such securitisation company or reconstruction company shall, on such acquisition, be deemed to be.....

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Hampi World Heritage Area Management Authority Act, 2002 Preamble 1

Title: Hampi World Heritage Area Management Authority Act, 2002

State: Karnataka

Year: 2002

THE HAMPI WORLD HERITAGE AREA MANAGEMENT AUTHORITY ACT, 2002 [Act, No. 18 of 2003]1 [16th April, 2003] PREAMBLE An Act to provide for conservation of the cultural heritage of Hampi with all its archeological remains and natural environs; to preserve its cultural identity and to ensure sustainable development of the Hampi World Heritage Area, in the State of Karnataka and to constitute Hampi World Heritage Area Management Authority. Whereas it is expedient to provide for,- (a) the conservation of the Cultural Heritage and natural environs of Hampi and its surroundings; (b) the preservation of the historical and cultural identity of Hampi as a World Heritage Centre; (c) preventing uncontrolled development and commercial exploitation of the area; (d) sustained development of the area which is conducive to the above objectives, and (e) for matters incidental thereto. Be it enacted by the Karnataka State Legislature in the fifty third year of the Republic of India as follows:- _________________________ 1. First published in the Karnataka Gazette Extra-ordinary on the sixteenth day of April, 2003.

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Haj Committee Act, 2002 Section 33

Title: Application of State Haj Fund

State: Central

Year: 2002

The State Haj Fund shall, subject to any rules that may be made under this Act, be under the control and management of the State Committee and shall be applied to the following purposes, namely:-- (i) pay and allowances of the employees of the State Committee other than its Executive Officer whose pay and allowances shall be borne by the State Government; (ii) payment of charges and expenses incidental to the due performance of its duties by the State Committee for the objects specified in Section 27; and (ii) any other expenses, as approved by the State Government which are required to be met by the State Committee.

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Companies (Second Amendment) Act, 2002 Section 7

Title: Substitution of New Section for Section 17

State: Central

Year: 2002

.....terms and conditions, if any, as it thinks fit, and may make such order as to costs as it thinks proper. (6) The Central Government shall, in exercising its powers under this section, have regard to the rights and interests of the members of the company and of every class of them, as well as to the rights and interests of the creditors of the company and of every class of them. (7) The Central Government may, if it thinks fit, adjourn the proceedings in order that an arrangement may be made to the satisfaction of the Central Government for the purchase of the interests of dissentient members; and may give such directions and make such orders as it thinks fit for facilitating, or carrying into effect, any such arrangement: Provided that no part of the capital of the company may be expended for any such purchase.

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Companies (Second Amendment) Act, 2002 Section 47

Title: Insertion of New Part Via

State: Central

Year: 2002

.....practicable for the company to make its net worth exceed the accumulated losses or make the repayment of its debts referred to in clause (b) of sub-section (2) of section 424A within a reasonable time. (2) If the Tribunal decides under sub-section (1) that it is practicable for a sick industrial company to make its net worth exceed the accumulated losses or pay its debt referred to in that sub-section within a reasonable time, the Tribunal shall, by order in writing and subject to such restrictions or conditions as may be specified in the order, give such time to the company as it may deem fit to make its net worth exceed the accumulated losses or make repayment of the debts. (3) If the Tribunal decides under sub-section (1) that it is not practicable for a sick industrial company to make its net worth exceed the accumulated losses or make the repayment of its debts referred to in clause (b) of sub-section (2) of section 424A, within a reasonable time and that it is necessary or expedient in the public interest to adopt all or any of the measures specified in section 424D in relation to the said company it may, as soon as may be, by order in writing, direct any operating.....

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Companies (Amendment) Act, 2002 Section 2

Title: Insertion of New Part Ixa

State: Central

Year: 2002

.....shall form part of the capital of the Producer Company. (8) Any reference to the inter-State co-operative society in any law other than this Act or in any contract or other instrument, shall be deemed to be reference to the Producer Company. (9) If, on the transformation date, there is pending any suit, arbitration, appeal or other legal proceeding of whatever nature by or against the inter-State co-operative society, the same shall not abate, be discontinued or be in any way prejudicially affected by reason of the incorporation of the Producer Company under section 581C or transformation of the inter-State co-operative society as a Producer Company under section 581J, as the case may be, but the suit, arbitration, appeal or other proceeding, may be continued, prosecuted and enforced by or against the Producer Company in the same manner and to the same extent as it would have, or may have been continued, prosecuted and enforced by or against the inter-State co-operative society as if the provisions contained in this Part had not come into force. 581M. Concession, etc., to be deemed to have been granted to Producer Company .-- With effect from the transformation.....

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Code of Civil Procedure (Amendment) Act, 2002 Section 12

Title: Amendment of Order Xviii

State: Central

Year: 2002

.....appointed by it: Provided that the Court may, while appointing a commission under this sub-rule, consider taking into account such relevant factors as it thinks fit: (3) The Court or the Commissioner, as the case may be, shall record evidence either in writing or mechanically in the present of the Judge or of the Commissioner, as the case may be, and where such evidence is recorded by the Commissioner he shall return such evidence together with his report in writing signed by him to the Court appointing him and the evidence taken under it shall form part of the record of the suit. (4) The Commissioner may record such remarks as it thinks material respecting the demean our of any witness while under examination: Provided that any objection raised during the recording of evidence before the Commissioner shall be recorded by him and decided by the Court at the stage of arguments. (5) The report of the Commissioner shall be submitted to the Court appointing the commission within sixty days from the date of issue of the commission unless the Court for reasons to be recorded in writing extends the time. (6) The High Court or the District Judge, as the case may be,.....

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Biological Diversity Act, 2002 Complete Act

Title: Biological Diversity Act, 2002

State: Central

Year: 2002

.....Biodiversity Authority Section4 - Results of research not to be transferred to certain persons without approval of National Biodiversity Authority Section5 - Sections 3 and 4 not to apply to certain collaborative research projects Section6 - Application for intellectual property rights not to be made without approval of National Biodiversity Authority Section7 - Prior intimation to State Biodiversity Board for obtaining biological resource for certain purposes Chapter 3 Section8 - Establishment of National Biodiversity Authority Section9 - Conditions of service of Chairperson and members Section10 - Chairperson to be Chief Executive of National Biodiversity Authority Section11 - Removal of members Section12 - Meetings of National Biodiversity Authority Section13 - Committees of National Biodiversity Authority Section14 - Officers and employees of National Biodiversity Authority Section15 - Authentication of orders and decisions of National Biodiversity Authority Section16 - Delegation of powers Section17 - Expenses and powers of National Biodiversity Authority to be defrayed out of the Consolidated Fund of India Chapter 4 Section18 - Functions and powers of.....

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Hampi World Heritage Area Management Authority Act, 2002 Chapter II

Title: Hampi World Heritage Area Management Authority

State: Karnataka

Year: 2002

.....information regarding any design to commit or the commission of any offence by any person under this Act or the Karnataka Town and Country Planning Act, 1961 or any rule, or regulation or order made under them; (iv) to exercise such other powers and discharge such other functions as may be prescribed (2) The Authority Security Force shall consist of such number of supervisory officers and members as may be determined by the Authority and shall be provided by the State Government. (3) The Chairperson shall exercise powers of superintendence and control over the Authority Security Force. Section 6 - State Level Advisory Committee (1) There shall be a State Level Advisory Committee consisting of the following members, namely:- (a) The Minister in charge of Bellary District - Chairperson. (b) The Minister in charge of Kannada and Culture - co-chairperson. (c) The Minister in charge of Tourism. (d) Members of the Parliament and the State Legislature representing the part or whole of heritage area whose constituency lie within the jurisdiction of the Authority. (e) The Additional Chief Secretary to Government of Karnataka. (f) The Secretary to Government, in.....

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Haj Committee Act, 2002 Chapter IV

Title: Finance, Accounts and Audit

State: Central

Year: 2002

.....to the State Committee from any sources; and (iv) the moneys, if any, standing to the credit of a State Haj Committee, at the commencement of this Act. Section 33 - Application of State Haj Fund The State Haj Fund shall, subject to any rules that may be made under this Act, be under the control and management of the State Committee and shall be applied to the following purposes, namely:-- (i) pay and allowances of the employees of the State Committee other than its Executive Officer whose pay and allowances shall be borne by the State Government; (ii) payment of charges and expenses incidental to the due performance of its duties by the State Committee for the objects specified in Section 27; and (ii) any other expenses, as approved by the State Government which are required to be met by the State Committee. Section 34 - Accounts and audit (1) The Committee and every State Committee shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, in such form as may be prescribed by the Central Government, or, as the case may be, the State Government. (2) The accounts shall be examined and audited annually by such auditors as.....

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